Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to state media, a move designed to support the property market in China’s second-largest city.
Suspected attack by Yemen’s Houthi rebels targets ship in the Red Sea
DUBAI, United Arab Emirates (AP) — A suspected attack by Yemen’s Houthi rebels targeted a commercial ship late Sunday night traveling through the southern reaches of the Red Sea, though it caused no …
Saudi Arabia bans commercial use of national, religious and sectarian symbols
Saudi Arabia has announced a new ban preventing the commercial use of the symbols and logos of countries, as well as religious and sectarian symbols, says Gulf News. The move is aimed at preventing …
UAE, Saudi Arabia lead M&A activity in MENA in 2024: EY
Their favourable business policies, strong infrastructure … a landmark domestic deal that further consolidates Saudi Arabia’s position as a regional economic powerhouse. Additionally, a consortium …
Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions
The energy trader seeking to buy UK gas assets from Shell Plc and Exxon Mobil Corp. was sued over allegations that he diverted money from an Iranian petrochemical company that was later banned from …
Turkey to drop electricity subsidies for big users
Turkey will remove state subsidies for high volume residential and commercial electricity users from February, the country’s Official Gazette said on Saturday.
Philippines Starts Interest Rate Swaps to Deepen Bond Market
The Philippines kicked off on Monday a new interest rate swap market to boost bond trading and liquidity as part of reforms to develop its capital market.
US, Philippines Sign New Military Deal Before Trump’s Return
The US and the Philippines on Monday signed a deal on military information sharing, bolstering ties two months before Donald Trump assumes the presidency.
Vietnam’s FPT Software discusses its Japan business strategy
Chu Thi Thanh Ha, chair of the Vietnamese software company, discusses expansion plans and how it captures market share in Japan.
CPD: Bangladesh faces 3 major economic risks in next 2 years
Centre for Policy Dialogue (CPD), a think tank, believes that Bangladesh’s economy lags behind Sri Lanka and Nepal, and will face three significant challenges in the next two years. CPD Research …